Gamble of the week: A buy-to-let lender on a roll

The financial crisis took its toll on this buy-to-let lender, says Phil Oakley. But now the good times are back.

Most of us have learned over the last decade that lending money against property can be a very risky business. But this buy-to-let lender knows this only too well.

When the financial crisis hit it was pushed to the verge of bankruptcy. It was only saved by going cap in hand to its shareholders and slashing costs. But all of this seems a distant memory now that the good times are back.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.